China: PSA and Changan finalising JV plans

  PSA Peugeot Citroen has reached a tentative agreement with Changan Automotive regarding a joint venture. Financial details are still being hammered out, but an official announcement is expected soon. The venture will build cars and light commercial vehicles from a plant in Shenzhan, formerly operated by Harbin Hafei Automobile Industry It’s time to log … Continued

• By Webmaster
• May 6, 2010